... DUBLIN December 8 2015 /- ...Research and Markets (a href http://www.researchandmarkets.com/... (Logo: a href http://photos.prnewswire.com/...The availability of funding for the development of drugs used in the t...

The availability of funding for the development of drugs used in the treatment of diseases caused by drug resistant bacteria is providing an encouragement for more manufacturers to enter the market. Also, the strategic alliances formed between the vendors help in increased penetration of the drugs in the market and increase market share.

According to the report, the special regulatory designations provided for the development of antibiotic drugs is one of the major drivers for the growth of the market. The Generating Antibiotics Incentives Now (GAIN) Act by US FDA provides QIDP designation for pipeline molecules. This designation helps in the faster development of drugs along with eligibility for priority reviews for NDA.

Further, the report states that the development of multidrug-resistant microbes due to the irrational use of antibacterial drugs increases the severity of the infections often leading to the death of the individual. This is affecting market growth as mortality rates are increasing.

Key questions answered in this report:

What will the market size be in 2019 and what will the growth rate be?

What are the Key Market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

What are the market opportunities and threats faced by the key vendors?

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